Technology: Breaking the Global Monopoly

Chapter 2054 BlackRock Group

New York City, USA.

BlackRock, founded by Larry Fink in the 1980s, has, after decades of development, become one of the world's largest asset management groups with a total managed asset size of approximately US$10 trillion.

Its predecessor was a financial management company under the global private equity giant Blackstone Group.

As a global enterprise, in an era when once-excellent technology companies such as Apple and Intel have begun to lay off employees on a large scale, BlackRock still has more than 20 employees and offices in 36 countries and regions, providing asset management services to high-quality clients in more than 100 countries and regions.

Moreover, BlackRock's business scope is not limited to official organizations and enterprises. It also manages the assets of pension funds, sovereign wealth funds, insurance and banks in many countries and regions. Its customer base also includes many non-profit organizations and other institutional investors as well as individual investors.

Twenty years ago, in the second year after the end of the Yanjing Olympics, BlackRock Group established a Yanjing representative office, and subsequently obtained the qualified domestic limited partner qualification and quota of Daxia, becoming a legal private equity fund manager in Daxia, and was approved to set up a joint venture wealth management company with Daxia Construction Bank, and held Daxia's legal public fund business license.

As China expands its financial markets and wants to actively welcome more foreign assets, the "well-performing" BlackRock Fund was approved to become the first wholly foreign-owned public fund to participate in the QDLP pilot.

The group even has its own internal legal private 5G network to ensure that group information will not be leaked due to eavesdropping on the communications network.

Morgan Stanley focuses on investment banking and securities business, although it is also involved in asset management. However, in this field, BlackRock can be said to have crushed Morgan Stanley.

Ever since Daxia Jiuzhou Technology announced the Kunlun project and stated that it would not prohibit foreign capital from investing in the project, BlackRock has begun selling some low-quality or even mid-level bank securities, corporate bills, and real estate, and occasionally sells some high-quality assets, triggering a rush to buy by other capital institutions.

Although America's real economy cannot recover to its former heyday, capital giants like BlackRock have achieved rapid asset appreciation in the American market with economic collapse and high unemployment.

After a series of sales, the scale of funds owned by BlackRock Group has increased to 11 trillion US dollars, and the group also has hundreds of billions of Xia yuan in assets and some cash in Daxia.

After the interview video of Jiuzhou Technology founder Gu Qing was broadcast, the president of BlackRock Group contacted the real core executives of Jiuzhou Technology’s business operations through the channels provided by Daxia officials.

After asking Gu Qing for his opinion, Huang Chaoren issued admission tickets to the new area to the senior management of BlackRock Group.

After entering the new science and technology zone, the core management of BlackRock Group not only showed great curiosity about the various technological equipment in the park, but also asked from time to time whether they could take videos as souvenirs.

Be polite and be a gentleman.

Even when discussing cooperation, they spoke standard and fluent Daxia Mandarin, and occasionally used a few characteristic words from the Western Shu region to bring them closer to each other.

If the person in the negotiation did not have a hooked nose and golden curly hair, Huang Chaoren might have really liked him and cut the price by one dollar. Perhaps because the negotiation took place in Daxia and the project was held by Daxia Company, there were quite a few yellow faces among the senior management team of BlackRock Group.

"Mr. Huang, thank you for taking the time out of your busy schedule to discuss the project with us. In the past ten years, our BlackRock Group has also cooperated with your company on some small projects. Between us..."

"I remember that you discussed user information exchange cooperation with the executives of our BlackRock Group in the European market. At that time, the executives in charge of our group did not know that the speed of future business development would be so fast, and missed the opportunity for cooperation. We deeply regret this..."

“It is an honor for BlackRock to cooperate with your company and to deepen our client asset value-added and product consumption areas. I hope that our cooperation can continue and each year will be more enthusiastic than the previous year…”

Amidst the compliments, Huang Chaoren showed the smile that the senior management of BlackRock Group wanted to see.

Then, they continued while the iron was hot: "The founder of your company, Mr. Gu Qing, announced a project called 'Kunlun City' at a financial conference previously hosted by Daxia officials, and invited global companies, institutions and even individual users to participate in the conference.

As the largest asset management company in the world, BlackRock Group also hopes to help our users realize asset appreciation while contributing to the development of the global human race in Bluestar..."

Although he knew what the other party's purpose was, he had waited until now for this group of people to express their feelings. Huang Chaoren picked up the teacup and took a sip.

Although the green tea from Xuancheng Organic Tea House does not have the leisurely taste of West Lake Longjing, it also has a unique mountain flavor.

If it weren't for the extremely high status of BlackRock Group in the global capital market, he actually didn't want to take out the tea that was personally grown and gifted to him by Mr. Gu's parents.

"If you are not used to drinking tea, I asked my assistant to prepare coffee. It is freshly brewed from our excellent coffee shop in Daxia Yunnan, and has a mellow taste."

Faced with Huang Chaoren's standard politeness, BlackRock Group's senior management team went from being full of confidence at the beginning to gradually becoming a little anxious.

After taking a few sips from the teacup in front of him, a person in charge of the BlackRock Group took the initiative and said, "We at BlackRock Group also hope to join the construction and operation project of Kunlun City, and we have prepared 100 billion to 500 billion in cash for this purpose.

If your company's [Kunlun] city project requires more funds and other resource support, our BlackRock Group is also willing to provide the corresponding resources as soon as possible.

Even if it is a trillion-dollar asset mobilization, our BlackRock Group can also prepare resources for your company."

After wasting more than ten minutes and drinking more than ten cups of tea, I finally heard some interesting noises.

Huang Chaoren sat in the main seat, smiled at the head of BlackRock Group not far away, and said: "Our Jiuzhou Technology's engineering team defines the [Kunlun] project as the future city of Blue Star. It will become the core technology gathering project for all enterprises and institutions in our Jiuzhou Alliance."